# AppFolio share price today (AppFolio, Inc., APPF)

> AppFolio, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. APPF · Technology · Software - Application · data as of 4 November 2026. Page: https://www.sectoralpha.in/us/stocks/appf

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## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: $236.85 (−5.9% in a year)
- P/E: 49.9× (higher than 56% of the last 2.8 years)
- Revenue (Sep 2026): $296 M (+18.6% on a year ago)
- Profit (Sep 2026): $46.0 M (+36.7% on a year ago)
- Operating margin: 19.4% (+5.3 points on a year ago)
- ROE: 26%, FY25
- ROIC: 50.7%, against a 9.1% cost of capital: +41.6 points

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the AppFolio share price today? AppFolio, Inc.'s share price was $236.85 at the close on 4 November 2026. It has been stalling near its high for 14 weeks. That is 29.0% above its average price over the last 200 trading days. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 15 weeks in a row. In the last 52 weeks it traded between $143 and $252, and at that close it sat 86% of the way up from that low. Over the last 10 years the share price moved +1,520% while the S&P 500 moved +261%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does AppFolio pay? AppFolio, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is AppFolio on? AppFolio is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks)

## Is AppFolio profitable? AppFolio, Inc. earned $46.0 M of net profit in the Sep 2026 quarter, +36.7% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY25 profit was $141 M. Over 4 years profit has grown 242.2% a year on average. That is 15.5% of the quarter's revenue. The same quarter a year earlier earned $33.6 M. For the full year, FY25 profit was $141 M (−30.9% on the year before). Why profit moved: revenue changed +18.6% on a year earlier and the margin moved +5.3 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +6.6% and revenue +20.0%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does AppFolio make, and is it growing? AppFolio, Inc. reported $296 M of revenue in the Sep 2026 quarter, +18.6% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 27.5% a year on average. The last full year, FY25, came in at $951 M. The last four reported quarters add to $1.1 B. FY25 revenue was $951 M, +19.7% on the year before. Recent pace: the last four quarters grew +20.0% on average, against 27.5% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +20.0%, against +19.4% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −16.6%, against +13.6% a year (rolling over). ## How much of every $100 of sales does AppFolio keep? AppFolio, Inc.'s operating margin was 19.4% in the Sep 2026 quarter, 5.3 percentage points higher than the same quarter a year ago. Across 5 years it has been between −10.7% and 17.1%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +5.3 percentage points on the year while gross margin changed +1.0 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is AppFolio's profit turning into cash? Over the last 3 years, 141% of AppFolio, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $242 M of operating cash against $141 M of profit. After $3.2 M of spending on assets, $239 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does AppFolio's cash go? AppFolio, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $14.2 M on assets over the last 3 years. Averaged over those years that is 0.5% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $14.2 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is AppFolio's P/E ratio, and how does it compare with its own history? AppFolio, Inc.'s P/E is 49.9×, in the middle of its own history: higher than 56% of past readings. Its usual P/E (the middle reading) is 46.6×, over 2.8 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −30.1% while the price moved −5.9%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 3 years the price moved +6.1% a year; about +467.1% a year came from earnings growth and about −461.0 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the AppFolio business getting better or worse? AppFolio, Inc.'s business is giving mixed signals. Profit and EPS growth are shrinking while ROCE is still rising at 35.5%, so growth and returns point different ways. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does AppFolio earn on its capital? AppFolio, Inc. earned a ROE of 26% in FY25. That is up from a low of −26% in FY22. Its return on capital used (ROIC) is 41.6 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 14.8% net margin and 1.38× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 14.8% net margin × 1.38× asset turnover × 1.27× leverage (assets divided by equity) ≈ 25.9% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 50.7% − 9.1% = +41.6 percentage points. The 9.1% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value. The 50.7% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 43.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does AppFolio have too much debt? AppFolio, Inc. has total debt of $29.3 M against shareholder equity of $583 M as of Sep 2026, so its debt is 0.05× its equity, which is very little. Year by year, that ratio went from 0.19 in FY21 to 0.07 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the AppFolio shareholding pattern? 11.5% of AppFolio, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 7.8 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is AppFolio from balance-sheet trouble? For AppFolio, Inc., the Z-score is 35.72. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 35.72 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does AppFolio rank in its industry? There is no score against its industry: AppFolio, Inc. is not among the largest members shown in this industry comparison for Software - Application. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is AppFolio compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to AppFolio in size? AppFolio is the 41st largest of 142 Software - Application companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: Full Truck Alliance Co., Paylocity Holding Corporation and ServiceTitan, Inc. Just below it: The Descartes Systems Group Inc., Clear Secure, Inc. and InterDigital, Inc. ### Software - Application companies close in size

1. [Full Truck Alliance Co. Ltd.](https://www.sectoralpha.in/us/stocks/ymm) $9.3 billion
2. [Paylocity Holding Corporation](https://www.sectoralpha.in/us/stocks/pcty) $9.1 billion
3. [ServiceTitan, Inc.](https://www.sectoralpha.in/us/stocks/ttan) $8.5 billion
4. AppFolio, Inc. $8.4 billion
5. [The Descartes Systems Group Inc.](https://www.sectoralpha.in/us/stocks/dsgx) $8.1 billion
6. [Clear Secure, Inc.](https://www.sectoralpha.in/us/stocks/you) $8 billion
7. [InterDigital, Inc.](https://www.sectoralpha.in/us/stocks/idcc) $7.9 billion

[All 142 Software - Application companies, largest first](https://www.sectoralpha.in/us/sectors/software-application#all-companies)

### Companies close in size in other industries

1. [Western Alliance Bancorporation](https://www.sectoralpha.in/us/stocks/wal) $8.4 billion · Banks - Regional
2. [Simpson Manufacturing Co., Inc.](https://www.sectoralpha.in/us/stocks/ssd) $8.4 billion · Lumber & Wood Production
3. AppFolio, Inc. $8.4 billion
4. [Wynn Resorts, Limited](https://www.sectoralpha.in/us/stocks/wynn) $8.4 billion · Resorts & Casinos
5. [StandardAero, Inc.](https://www.sectoralpha.in/us/stocks/saro) $8.4 billion · Aerospace & Defense

## What else do people ask about AppFolio? ### What were AppFolio's latest quarterly results? AppFolio, Inc. reported revenue of $296 M and net profit of $46.0 M for the Sep 2026 quarter. Revenue rose 18.6% and profit rose 36.7% compared with a year earlier. Earnings per share were $1.29. The operating margin was 19.4%, 5.3 percentage points higher than a year earlier (as of 4 November 2026). ### What is AppFolio's market cap? AppFolio, Inc.'s market capitalisation is $8.4 B at a stock price of $236.85. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is AppFolio performing? AppFolio, Inc.'s share price has been stalling near its high for 14 weeks. In its latest quarter, revenue rose 18.6% and profit rose 36.7% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 15 weeks running (as of 4 November 2026). ### Will AppFolio's stock price go up? This page does not forecast AppFolio, Inc.'s stock price. What it shows instead: the stock price is $236.85, and it has been stalling near its high for 14 weeks. Its P/E of 49.9× is higher than 56% of its own last 3 years (as of 4 November 2026). ### Where is AppFolio in its business cycle? AppFolio, Inc.'s FY25 operating margin was 16.1%, against a 5-year range of −10.7% to 17.1%: the middle of its own range, neither a peak nor a low. The latest quarter was 19.4%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the AppFolio story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is AppFolio a stock worth studying right now? What the numbers show: AppFolio, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ## Lists

- US tech stocks: https://www.sectoralpha.in/us-tech-stocks

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